Market CompetitionRisks include failure of biosimilar candidates in clinical trials, failure to secure regulatory approval, and failure to achieve commercial success due to market competition.
Market StrategySandoz has decided to temporarily suspend marketing activities in the U.S. due to ongoing price erosion and plans to reposition FYB201 in the U.S. after one year.
Price DiscountsManagement expects that the valuation model and balance sheet measurement for FYB202 would need to be reviewed and adjusted due to an emerging, significantly higher-than-expected price discount for biosimilars.